The Economics and Politics of Transition to an Open Market Economy [electronic resource]: Egypt /
Weiss, Dieter.
Organisation for Economic Co operation and DevelopmentContent Provider
Organisation for Economic Co-operation and DevelopmentContent Provider
Wurzel, Ulrich.
Paris : OECD Publishing,
1998.
Egypt is lagging behind other countries in the Mediterranean region in reforming its economy. This book explains why. The authors contend that the Egyptian political system, based to a large extent on discrete patronage and dominated by powerful interest groups was inherently resistant to reform. In addition, the country's strategic position in Middle Eastern politics provided the environment for aid flows which mitigated the need for change by creating an illusion of economic wellbeing. Egypt has thus been protected from the pressure of the international market system. Yet, argues this study, such pressure is the only effective stimulus to fundamental reform.
Preface -- Introduction -- Chapter 1. Pre-Reform Conditions -- Chapter 2. Initiation of Reform -- Chapter 3. The Missing Dynamics of Reform -- Chapter 4. Chronology of the Politics of Macroeconomic Reform -- Chapter 5. Politics and Microeconomics of Reform -- Chapter 6. The Weakness of Civil Society -- Chapter 7. International Actors Supporting Reform -- Chapter 8. The Role of Ideology -- Chapter 9. Institutions and Rules of Conflict Resolution -- Chapter 10. Random Influences on the Reform Process -- Chapter 11. Egypt's Reform Impasse -- Chapter 12. General Conclusions -- Annex Tables -- Bibliography
Bibliographic Level Mode of Issuance: Monograph
Egypt is lagging behind other countries in the Mediterranean region in reforming its economy. This book explains why. The authors contend that the Egyptian political system, based to a large extent on discrete patronage and dominated by powerful interest groups was inherently resistant to reform. In addition, the country's strategic position in Middle Eastern politics provided the environment for aid flows which mitigated the need for change by creating an illusion of economic wellbeing. Egypt has thus been protected from the pressure of the international market system. Yet, argues this study, such pressure is the only effective stimulus to fundamental reform.
Development
Economic stabilization
Privatization
Economic History
Business & Economics
Development Centre Studies